123 Forest Lake RoadChestertownNY12817
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Chestertown at 123 Forest Lake Road, Chestertown, NY, 12817 earns from $2,920/mo rent with a $3,225/mo payment. Total monthly income totals $2,920/mo. ROI tracks 11.87% on current figures, and rental yield reads 5.32% at a $659,000 purchase. Equity gained on principal adds $4,252/yr, and 5% annual appreciation supports $182,070 over five years. Five-year ROI reaches 60.33% and total cumulative return in cash sums $130,795. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,920/mo property income instead of your personal income.
Single Family
Built in 1991
3.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12817, Chestertown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 794 (38.4%) |
| Renter Occupied HU | 208 (10.1%) |
| Vacant Housing Units | 1,064 (51.5%) |
| Median Home Value | $391,566 |
| Average Home Value | $447,106 |
Housing Distribution
Address Breakdown
Residential
797
Single Family
797
Multi-Family
0
Businesses
99
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Listed by: Sara J Hillis • Schermerhorn Realty Group LLC
Mls Name: Global MLS
Mls ID: #202610907